Though much has been made of the fact that the luxury sector, which has been on a rocket to the moon, growth-wise, is finally slowing –Bain predicts 4-6% for the next two years – a new “UK Luxury Benchmark Study” from Walpole, the British luxury consortium, and Ledbury Research, begs to differ, at least when it comes to the UK. It’s full of surprises! Read more >>
LVMH, the largest luxury group in the world by an exponential margin, has a dumb blonde problem: it seems to be the winner in the sector, so it gets attacked and mocked most of all. For a long time, the Group’s reaction to the situation was frustration, retreat, and confusion (or sulking, depending on how you want to spin it). This week, however, they have gone on what appears to be something of a charm offensive.
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And so the morality comedy (tragedy?) currently being acted out in public over the importance of appearance continues. Last week at a fundraiser in California, President Obama called California Attorney General Kamala Harris “brilliant,” “dedicated,” and “tough”—and then added she was also “the best looking attorney general”. Guess what everyone wrote about the next day? Guess who had to apologise? Guess what I can’t help wondering? Read more >>
American Vogue may have Michelle Obama as their cover coup, but L’Uomo Vogue, Italian Vogue’s men’s fashion arm, has, on their April issue…Mayor Michael Bloomberg! I kid you not. It’s a little left-field as a choice, no? For both of them (the cover model and the magazine). So what’s the rationale here?
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Right on cue, yesterday Michelle Obama resurrected a previously worn Prabal Gurung dress from her wardrobe to wear for Easter Sunday. It’s not only a holiday-appropriate move, and nicely economic, but underscores the trend she set during the campaign for shopping her own closet, Read more >>
MIchelle Obama wears Jason Wu at the State of the Union Address. Getty Images
Shocking! Michelle Obama has worn the same designer at two major events in a row. At the inaugural ball she wore a Jason Wu gown as she did the first time round, which is shocking enough – the last first lady to wear the same designer to two inaugural balls was Nancy Reagan. Mrs O then wore Jason Wu again at the State of the Union last night.
The dress, with a black sleeveless top and sparkly bordeaux sequinned skirt, looks like a customised variation of a frock from Mr Wu’s pre-fall collection, which had a leather spaghetti strap top and the same body. That dress, of course, was shown last December, and will not be in stores until May/June, so Mrs O is getting it celebrity-early, an indication of just how unlike normal shopping her shopping is. I think sometimes we get carried away with the J Crew side of things, and forget that there’s a very not-like-everyone-else flip side to her wardrobe – good or bad, depending on your point of view. Read more >>
New York Fashion Week begins today, bringing with it the news that Occupy Wall Street is back and planning a protest. The instigator: Intern Labor Rights, an OWS spin off. The subject: unpaid interns. Seems magazines and fashion houses are exploiting them and not adhering to labour law. Seems the desire among youngsters to 1) raise their employment chances by getting useful experience in their chosen field; and 2) enter the seemingly glamorous world of fashion means there are more than enough kids willing to work for free.
Numerous tweeters have weighed in on the matter, most negatively, as has The Fashion Law Institute , which pointed out that OWS tried this before – a few lonely souls held a widely derided protest outside the Calvin Klein show last February – without much effect. Will this time around be any different?
Professor Susan Scafidi of Fashion Law said: “hard to tell,” but my guess is: “not much.”
Why? Primarily because I’m not sure Fashion Week is the most effective time for OWS to target the fashion industry. It might appear so at first – it’s when the world’s eyes are on the industry – but let’s think about it some more. Read more >>
It’s that time again when we think back over the year, the time of a million lists of good and bad, of the best and worst, the time of “Persons of the year”. It’s that time when we begin to make resolutions and then debate the efficacy of these resolutions, and then resolve on either more resolutions or fewer of them.
The news that Silvio Berlusconi, once-and-possible-future-Italian-PM-candidate and always colourful character, is engaged to be married to his 27-year-old girlfriend begs the usual question: not “Wait, isn’t he still married to his second wife?” (yes, they are in the midst of their divorce), but rather, “what will she wear?” Presumably, it would be useful for a woman marrying a political player to dress with patriotism in mind – sic Kate Middleton — but this presents an interesting conundrum, because of all the big four fashion capitals, Italy has been the slowest to embrace that emerging and potentially very lucrative market known as wedding dresses. Read more >>